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Build to Rent Land Acquisition and Development Director
3 months ago
As a Land Acquisition and Development Director- Build to Rent ("BTR") working for Taylor Morrison you will be responsible for understanding and executing all components of the land acquisition, entitlement planning and development processes applicable to higher-density build to rent developments. The "hybrid" developments include single family homes built in a multi-family apartment-style setting. The individual will directly source land that is suitable for build to rent and oversee the entitlement and development of those properties per an established playbook specific to Taylor Morrison’s build to rent strategy.
We trust that as a BTR Land Acquisition and Development Director you will: (responsibilities)
Utilize geographic market study data to identify submarkets that are best suited for our build to rent strategy based on our target consumers and their preferences
Establish a network of colleagues, brokers and sellers able to bring build to rent acquisition opportunities
Educate third party stakeholders (municipalities, brokers, land sellers etc.) regarding our build to rent footprint
Understand residential, commercial and multi-family municipal zoning ordinances and apply as appropriate to achieve build to rent entitlement approvals
Identify, control and purchase properties necessary to achieve established divisional build to rent forecasts and financial objectives
Negotiate land purchase contracts and review with outside counsel
Meet with engineers, planners and government agencies to ensure proper execution of high-density site plans
Review due diligence materials for land acquisitions
Review subdivision development agreements, environmental reports and soils studies as needed
Generate financial proforma model projections for proposed communities with assistance from Finance
Prepare asset committee land approval request submittals
Prepare project timeline schedules for planning and development work
Generate and maintain land development budgets
Manage the bid process for land development and amenity work
Coordinate front-end activities with Construction and other internal departments to ensure timely project execution
Keep abreast of local market land transactions for multi-family and purposed single family for rent communities
Proactively advise the Division President and BTR leadership of potential problems and proposed solutions
You are willing to perform other duties as assigned
What you will need: (competencies, behaviors & attributes)
Communication
Leadership
Multi-Task
Negotiation
Prioritization
Results Oriented
About you:
Bachelor’s degree in Business, Planning, Civil Engineering or Construction Management
Five years of experience in land acquisition, entitlements and development
Experience in multi-family or single family build to rent projects highly preferred
Involvement with higher density zoning, entitlements and development highly preferred
Local land market and municipal knowledge highly preferred
Computer proficiency
Ability to anticipate possible obstacles and propose favorable solutions
Strong work ethic and commitment to implementation and execution of BTR playbook strategy
Concise writing and public speaking/presentation skills are desirable for reporting to internal and external customers
FLSA Status: Exempt
Will have responsibilities such as:
Office or non-manual work, which is directly related to management or general business operations
Act as a primary component of which involves the exercise of independent judgment and discretion about matters of significance
Essential Functions:
Successful job applicants will be able to perform these functions. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions.
Report to Division/Corporate Office/Community daily and adhere to schedule
Ability to access, input, and retrieve information from a computer and/or electronic device
Ability to have face to face conversations with customers, co-workers and higher level manager
Ability to sit or stand for long periods of time and move around work environment as needed
Ability to operate a motor vehicle if applicable
Comply with company policies and procedure
Physical Demands:
Must be able to able to remain in a stationary position up to 50% of the time
The ability to frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
*Taylor Morrison experience and/or successful completion of training program may override required education and/or experience requirement.
Job descriptions are not intended as, nor should be construed to be, exhaustive lists of all responsibilities, skills, efforts, or working conditions associated with a job. They are intended to be accurate reflections of those principal job duties and responsibilities essential for making fair pay decisions about the job.